Makes sense, it's like crowd-sourced life insurance. - http://blog.streeteye.com/blog/2015/09/tontines-strange-name-great-idea/ http://blog.streeteye.com/blog/2

Makes sense, it's like crowd-sourced life insurance. - http://blog.streeteye.com/blog/2015/09/tontines-strange-name-great-idea/ http://blog.streeteye.com/blog/2015/09/tontines-strange-name... But insurance companies love selling insanely high-priced annuity products, and US laws around insurance, securities registration, taxes make it hard/impossible. Regulation can be premature optimization / standardization. (or insurance company rent-seeking)